Kingfisher (LON:KGF) Posts Quarterly Earnings Results

Kingfisher (LON:KGF) released its earnings results on Tuesday. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share for the quarter, Digital Look Earnings reports. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%.

Kingfisher Stock Performance

Shares of KGF traded up GBX 1.50 ($0.02) on Thursday, reaching GBX 246 ($3.17). 6,093,151 shares of the stock traded hands, compared to its average volume of 33,441,535. The stock’s 50-day moving average price is GBX 251.17 and its 200-day moving average price is GBX 270.47. The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27. The firm has a market cap of £4.35 billion, a price-to-earnings ratio of 13.11, a P/E/G ratio of 2.87 and a beta of 0.96. Kingfisher has a 12 month low of GBX 227.20 ($2.93) and a 12 month high of GBX 333.50 ($4.29).

Kingfisher Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a dividend of GBX 19.72 ($0.25) per share. This represents a dividend yield of 3.44%. The ex-dividend date is Thursday, March 27th. This is a positive change from Kingfisher’s previous dividend of $3.80. Kingfisher’s dividend payout ratio (DPR) is presently 63.94%.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.